PMEGP portal registration 2024 and login process started at www.kviconline.gov.in. PMEGP full form is Prime Minister's Employment Generation Programme. Funds under PMEGP scheme 2024 will be provided by central government as margin money subsidy or backward and forward linkages. If you want to get pmegp subsidy, then you will have to make Prime Minister Employment Generation Programme login at PMEGP Home - KVIC official website. PMEGP scheme will be continued from FY 2021-22 to FY 2025-26 as per new guidelines.
Read this article till the end to know to fill PM Employment Generation Programme application for new unit (1st loan) and existing units (2nd loan). Also check how to acess PMEGP dashboard, project reports and other aspects regarding the scheme.
PMEGP Portal Registration 2024 / Login at kviconline.gov.in
PMEGP portal has been operational and can be accessed through the link - https://www.kviconline.gov.in/pmegpeportal/pmegphome/index.jsp, At this portal, you can:-
- apply for setting up new enterprise (unit) by filling application for new unit.
- make login as registered applicant.
- apply for 2nd loan by upgradation of existing PMEGP / REGP / Mudra units and filling application form for existing units.
Now let's describe each of these process in detail.
PMEGP Application for New Unit
- First of all, go to official PMEGP Portal
- Once you reach www.kviconline.gov.in PMEGP portal homepage, click at "Application for new unit (Apply)" link or https://www.kviconline.gov.in/pmegpeportal/jsp/pmegponline.jsp
- Then PMEGP online application form for new unit (individual applicant) will open.
- Enter details like aadhar number, name, gender, date of birth, state / district name, qualification, address, mobile number, PAN card no, email ID etc and click "Save Applicant Data" button.
- Then review / finalize these details to submit the completely filled PMEGP registration form for individual applicant.
PMEGP Login for Registered Applicant
- First of all, go to official PMEGP Portal
- Once you reach www.kviconline.gov.in PMEGP portal homepage, click at "Registered applicant (login)" link or https://www.kviconline.gov.in/pmegpeportal/jsp/applicantLogin.jsp
- Then PMEGP login page will open.
- At the login form for registered applicant, you can enter user ID, password and click "Login" tab to make PMEGP portal login.
PMEGP 2nd Loan Subsidy Application for Existing Units
- First of all, go to official PMEGP Portal
- Once you reach www.kviconline.gov.in PMEGP portal homepage, click at "Application for Existing Units (2nd Loan) - Apply" link.
- Then pop up window for upgradation / expansion of existing PMEGP / MUDRA units will open.
- Then online application for second loan subsidy for upgrading of existing unit will open.
- Enter personal details, previous sanction details, upload documents and "Submit" application for 2nd loan subsidy in PMEGP scheme.
About Prime Minister Employment Generation Programme
Central govt. in August 2008, approved the introduction of a new credit linked subsidy programme called Prime Minister's Employment Generation Programme. It was launched by merging the two schemes that were in operation till 31st March 2008, namely:-- PM Rojgar Yojana (PMRY)
- Rural Employment Generation Programme (REGP)
PMEGP aims to generate employment opportunities through establishment of micro enterprises in non-farm sector for rural as well as urban areas. PMEGP is in operation since 2008-09 and has been approved for continuation over the 15th Finance Commission cycle i.e., for the period of five years from 2021-22 to 2025-26.
Objectives of PMEGP Scheme
- To generate employment opportunities in rural as well as urban areas of the country through setting up of new self-employment ventures/projects/micro enterprises.
- To bring together widely dispersed traditional artisans! rural and urban unemployed youth and give them self-employment opportunities to the extent possible, at their place.
- To provide continuous and sustainable employment to a large segment of traditional and prospective artisans and rural and urban unemployed youth in the country, so as to help arrest migration of rural youth to urban areas.
- To increase the wage-earning capacity of workers and artisans and contribute to increase in the growth rate of rural and urban employment.
Quantum and Nature of Financial Assistance in PMEGP Scheme
Funds under PMEGP Scheme will be available under two major heads.Margin Money Subsidy
- Funds will be allocated under annual Budget Estimates towards disbursement of Margin Money (subsidy) for setting up of new micro enterprises/units; and
- From the funds allocated under BE for the Margin Money subsidy, Rs. 100 Cr. or as approved by the competent authority will be earmarked for each FY towards disbursement of Margin Money (subsidy) for upgradation of existing PMEGP/REGP/MUDRA units.
Backward and Forward Linkages
- 5% of the total allocation under BE for a Financial Year against PMEGP, or as approved by the competent authority, shall be earmarked as funds under Backward and Forward Linkages.
- These funds will be utilized for arranging awareness camps, State/District level monitoring meetings, Workshops, Exhibitions, Bankers meeting, TNDA, Publicity, Entrepreneurship Development Programme (EDP) training, Physical verification & Geo-tagging, Evaluation &lmpact Assessment study, Setting of Entrepreneurship Facilitation Centre (EFC), Center of Excellence (CoE), Engagement of Field Experts and Data Entry Operators (DEOs), Creation and Upgradation of IT infrastructure, Awards, Call Centre facility, PMU, other related activities and settlement of other residual liabilities by the KVIC.
Levels of Support under PMEGP
The following levels of support would be provided under PM Employment Generation programme.
For new units
In order to setup new micro enterprises (units), the following assistance would be provided.
| PMEGP Beneficiary Category | Beneficiary Contribution (of project cost) | Rate of Subsidy (of project cost) |
| General category | 10% | 15% in urban areas and 25% in rural areas |
| Special Category (including SC,ST,OBC,Minorities,Women, Ex-Servicemen, Transgenders,Differentlyabled, NER,Aspirational Districts, Hill and Border areas(as notified by the Government)etc. | 5% | 25% in urban areas and 35% in rural areas |
Note
- The maximum cost of the project/unit admissible for Margin Money subsidy under Manufacturing sector is Rs. 50 lakhs.
- The maximum cost of the project/unit admissible for Margin Money subsidy under Business/Service sector is Rs. 20 lakhs.
- The balance amount (excluding the own contribution)of the total project cost will be provided by Banks.
- If the total project cost exceeds Rs. 50 lakhs or Rs. 20 Iakhs for Manufacturing and Service/Business sector respectively, the balance amount may be provided by Banks without any Government subsidy.
For 2nd Loan to Upgrade Existing PMEGP / REGP / Mudra Units
For upgradation of existing units, all categories of beneficiaries under PMEGP will have to make beneficiary contribution of 10% of project cost. Also, rate of subsidy is 15% of project cost while it is 20% in north eastern regions and hilly areas.
Note
- The maximum cost of the project/unit admissible for Margin Money subsidy under Manufacturing sector for upgradation is Rs. 1.00 crore. Maximum subsidy would be Rs.15 lakh (Rs.20 lakh for NER and Hill States).
- The maximum cost of the project/unit admissible for Margin Money subsidy under Business/Service sector for upgradation is Rs. 25 Iakh. Maximum subsidy would be Rs.3.75 lakh (Rs.5 lakh for NER and Hill States).
- The balance amount (excluding the own contribution)of the total project cost will be provided by Banks.
- If the total project cost exceeds Rs. 1.00 Crore or Rs. 25.00 Iakhs for Manufacturing and Service/Business sector respectively, the balance amount maybe provided by banks without any Government subsidy.
Eligibility Criteria of Beneficiaries for Setting up New Enterprises in PMEGP
- Any individual, above 18 years of age.
- There will be no income ceiling for assistance for setting up projects under PMEGP.
- For setting up of project costing above Rs. 10 lakh in the Manufacturing sector and above Rs. 5 lakh in the Business /Service sector, the beneficiaries should possess at least VIII standard pass educational qualification.
- Assistance under the scheme is available only for new projects sanctioned specifically under the PMEGP.
- Existing Units (under PMRY, REGP or any other scheme of Government of India or State Government) and the units that have already availed Government Subsidy under any other scheme of Government of India or State Government are not eligible.
Eligibility Criteria for up-gradation of existing PMEGP / REGP / MUDRA units
- Margin Money (subsidy) claimed under PMEGP has to be successfully adjusted on the completion of lock in period of 3 years.
- First loan under PMEGP/REGP/MUDRA has to be successfully repaid in stipulated time.
- The unit is profit making with good turnover and having potential for further growth in turnover and profit with modernization/upgrading the technology.
Rate of Interest and Repayment Schedule
Normal rate of interest shall be charged. Repayment schedule may range between 3 to 7 years after an initial moratorium as may be prescribed by the concerned Banklfinancial institution. RBI has issued necessary guidelines to the Banks to accord priority in sanctioning projects under PMEGP. RBI also issues suitable guidelines from time to time as to which RRBs and other Banks will be excluded from implementing the PMEGP scheme.Read PMEGP revised scheme guidelines at https://www.kviconline.gov.in/pmegpeportal/dashboard/notification/PMEGP_Guidelines_Certified_2022_3.pdf
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Central Government